Vice President of Asset Management

Opportunity

Adapture Renewables, Inc. is on a mission to be a leader in this new era of sustainable energy. Drawing upon an extensive knowledge base, we develop, finance, engineer, build, own, and operate high quality utility-scale photovoltaic projects and battery energy storage projects. Our Asset Management team is looking for a talented Vice President of Asset Management to help support the efforts of our fast-growing company. Adapture Renewables is owned by KIRKBI Climate – the private holding and investment company of the Kirk Kristiansen family founded to build a sustainable future for the LEGO^® brand through generations.

Overview

The Head of Asset Management will lead the commercial and technical performance of the company’s operating renewable energy portfolio, which includes utility-scale solar and battery storage assets. This role is responsible for maximizing asset value, ensuring compliance with all contractual and regulatory requirements, improving fleet performance, and driving long-term operational strategy. The ideal candidate brings deep expertise in renewable energy asset management, strong commercial acumen, and a data-driven approach to optimizing performance.

Core Responsibilities

Leadership & Strategy

• Build, scale, and manage a high-performing Asset Management organization (Commercial AM, Technical AM, Analytics, Compliance).
• Develop asset optimization strategies to maximize revenue, minimize downtime, and enhance operational efficiency.
• Lead annual portfolio planning, long-term strategic initiatives, and budgeting.
• Partner with Operations, O&M, OT/SCADA, Finance, and Construction to ensure seamless lifecycle performance.

Commercial Asset Management

• Oversee PPA management, market settlements, REC management, and financial performance reporting.
• Ensure compliance with all commercial agreements: PPAs, Interconnection Agreements, O&M contracts, LTSA, EMSAs, and vendor contracts.
• Lead monthly and quarterly reporting for investors, lenders, and internal stakeholders.
• Manage insurance claims and risk mitigation strategies.

Technical Asset Management

• Drive root cause analysis, performance engineering, loss analysis, and warranty management.
• Oversee performance KPIs, degradation tracking, benchmarking, and lifecycle modeling.
• Lead warranty enforcement and technical issue escalation with OEMs and service providers.
• Ensure fleet reliability through data-driven insights and cross-functional coordination.

Operational Oversight

• Work closely with O&M leadership to ensure proper execution of preventive and corrective maintenance.
• Coordinate with OT/SCADA teams on data quality, system availability, controls optimization, and event response.
• Contribute to NERC, RTO/ISO, and interconnection compliance activities.

Financial & Portfolio Management

• Own operating budgets, variance reporting, and long-term asset planning.
• Identify revenue enhancement and cost reduction opportunities.
• Support M&A activities through technical and commercial due diligence.

Qualifications and Experience

Required Qualifictions

• 10 years of relevant experience in renewable energy, asset management, operations, or project finance.
• Demonstrated leadership experience managing teams and cross-functional stakeholders.
• Strong understanding of PPAs, market operations, financial modeling, O&M strategies, and regulatory frameworks.
• Technical knowledge of utility-scale solar and/or battery storage performance drivers.
• Experience managing outsourced service providers and OEMs.
• Excellent communication skills with ability to interface with lenders, investors, and executive leadership.
• Strong analytical, problem-solving, and organizational skills.
• Demonstrated track record managing and growing a team and improving processes and systems to support portfolio growth.
• Experience with the Power Factors software platform

Preferred Qualifications

• Experience with hybrid renewable storage facilities.
• Familiarity with ISO/RTO markets such as CAISO, ERCOT, PJM, or MISO.
• Prior involvement with SCADA systems, performance analytics tools, and operational technology.
• MBA or advanced degree in engineering, business, finance, or a related field.

 Key Performance Indicators

• Portfolio availability and performance ratio improvement.
• Delivery of accurate and timely financial/operational reporting.
• Compliance performance (PPA, IA, ISO/NERC).
• Warranty recovery success rate.
• EBITDA uplift and cost control against budget.
• Team development and retention.

Benefits Package

• 401(k) plan with company matching contribution
• Competitive health, vision, and dental benefits
• Attractive personal time off and company holiday package
• Work-from-home policy
• Salary commensurate with experience

Note

Qualified candidates only. Adapture Renewables, Inc. is committed to equal employment opportunity.